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In the course of researching Russ Whitney to defend myself against his lawsuit, I have come across many companies that he seems to be affiliated with in some way. I would appreciate any help readers could give me in firming up and fleshing out the details of these affiliations.

permitted Satan to manage his properties in anticipation of sales to Satan

vending machine company

around 1982

Fort Myers, FL area

vending machine salesman

real estate brokerage

Around 1982

Cape Coral, FL

licensed real estate agent

According to page 43 of Whitneys book Overcoming the Hurdles and Pitfalls of Real Estate Investing, he told bankers he held a salaried position with a realty company where he had his real estate license

Oddly, this is a fictitious name Whitney registered. As far as I can tell, it is the only fictitious name he ever registered. His address for the registration is listed as 232 Bayshore Drive, Cape Coral, FL 33904

Peter R. Bleyleben is the CEO of Microfinancial. LeaseComm is their main activity. Bleyleben is a Harvard Business School section mate of my wife. A section is about 85 students who got to school all day every day in the same room for the first year.

Bleyleben says Whitney was never one of their dealers, but he figures Whitney probably worked with a LeaseComm dealer. According to various Internet complaints and court documents, Whitney urged attendees at business opportunity seminars to sign leases with LeaseComm. There are numerous class action suits against LeaseComm as well as several state attorney general investigations of them and their parent company, Microfinancial. Bleyleben says his firm no longer accepts leases generated at seminars.

SEC filings by Whitey Information Network, Inc. say there are storefronts with minimal upfront costs located in upscale shopping strip malls and are half funded by local Joint Venture Partners

Why would he need Joint Venture Partners if costs are minimal? Are offerings to Joint Venture Partners securities? If so, should they be registered with the state and/or SEC? If so, have they been registered?

In his 2001 Form 10-K/A, Whitney said he had abandoned the Education Centers.

Current but changed name to Nevada Processing Services, which is run out of a womans home in Oregon

Utah

Unknown

Nevada Processing Services

Current

???????
????, Oregon

Unknown

Global Resource Network, a.k.a. GRN

Unknown

Unknown

Unknown

American Success Stories

Unknown

Unknown

Unknown

Global Business Network

Unknown

Unknown

Unknown

Global Resource

Unknown

Unknown

Unknown

Net Profits Ultimate Cash Flow System

Unknown

Unknown

Unknown

Winning Edge

Unknown

Unknown

Unknown

MPAP

Unknown

Fort Myers area

Unknown

Cardservice International

Unknown

Unknown

Unknown

E-Commerce Exchange, LLC

around 2000

Irvine, CA
800-748-6318

Whitneys SEC filings say they have an oral agreement with this company. A representative of this company was introduced to the audience at Whitney seminars. The rep then urged attendees to sign a Leasecomm lease for a credit card machine. Apparently they are still doing someting similar only without Leasecomm.

Apparently formerly part of the SDI operation (See above) Still has the same 800-number: 800-496-1847

Gulfstream Development Corporation

Fort Myers, FL area

Whitney owns 25% according to his 2004 Whitney Infomation Network, inc. annual report. Persons attending seminars in Cape Coral, FL apparently are urged to buy lots or houses from Gulstream. In 2004, 282 did according to the annual report. Dan Kelly is reportedly another owner. He is the guy who was Whitney’s friend and partner in Schenectady, NY then moved to FL with him in the early 1980’s.

SCO

Utah

Associated with uSight below

uSight

Utah

Apparently another company that pushes Leasecomm type stuff. One Internet posting says Whitney was associated with Bert Young of uSight.

I am seeking the following information about the above affiliations:

 location of the fictitious name statement required to be filed with the county
 names and contact information of employees and owners who knew Whitney
 correct address of the company in question
 dates of Whitneys affiliation with the company in question
 any litigation involving the organization relating to the period of Whitneys affiliation
 any public documents relating to the company during Whitneys affiliation
 any complaints (e.g., BBB, consumer agencies, Internet bulletin boards, etc.) about the company during Whitneys affiliation
 any bankruptcy of the company in question
 any credit problems of the company during Whitneys affiliation
 nature of Whitneys affiliation with the company
 documents required to be filed with the government with regard to non-profit organizations (National Association of Real Estate Investors)
 any other information you think might help me

Some may wonder what the meaning, if any, is of the large number of companies Whitney has been involved with. I suspect such a large number will be impressive to person not familiar with business. It should be noted that all of these are closely-held corporations, that is, they could be not much more than Whitney and another person. Only Whitney Information Network is a public company. It is almost entirely owned by Whitney. These are not public corporations whose stock is traded on major stock exchanges like Ford or GE.

There are a number of possible explanations for so many different companies, company names, and subsidiaries:

 He wants to impress unsophisticated prospective customers with what a big conglomerate tycoon he is. Sophisticated persons would likely recognize that this is an excessive number of separate companies. You dont need a new company name for every product or service. Indeed, in its SEC filings, Whitney Information Network, Inc. says that many of these companies offer the same products and services. Why have more than one name to offer the same thing?
 He is a flake. When one of his companies accumulates Better Business Bureau or other publicly available complaints, he changes the company name to avoid being hampered by the reputation of the old company. Its an asset-protection scheme to make it harder for anyone to sue him successfully, or collect if they do, because they have done business with various small entities, each of which has to be sued separately and collected against separately. He is trying to capitalize on various business fads like real estate, the Internet, e-commerce,